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Articles about Home Buyer Tips

There is a lot to know when you are buying a home. Whether you are a first-time homebuyer or a seasoned veteran, we have loads of tips for you.

Scroll down the page to find articles that interest you. Of course, if you have any questions, we are happy to help, just ask!

6 Tips for a Successful Move to a New State

February 27, 2024 By Guest Leave a Comment

6 Tips for a Successful Move to a New State

Moving to a new state can be a wonderful experience but it also comes with some significant challenges, especially if your new location is going to be quite a big change from the place you currently call home. If you’re thinking about moving from one state to another,  This article, shared below by Sarah Velasquez […]

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Filed Under: Real Estate Tagged With: Home Buyer Tips

Real Estate Market Forecast: Opportunities for Home Buyers and Sellers in 2024

January 8, 2024 By Libby Guthrie Leave a Comment

Real Estate Market Forecast 2024

Wondering about Real Estate Market Forecast for 2024? We’ve rounded up economists’ predictions for the coming year. A growing share of home buyers and sellers sat on the sidelines last year as the pace of home sales continued its downward trajectory.1 In fact, since the Federal Reserve began its series of interest rate hikes in […]

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Filed Under: Real Estate Tagged With: First-Time Home Buyers, Home Buyer Tips, Home Seller Tips

7 Common Homebuyer Regrets (And How To Avoid Them)

August 10, 2023 By Libby Guthrie Leave a Comment

7 Common Homebuyer Regrets (And How To Avoid Them)

To avoid buyer’s remorse, be sure to consider your future self when shopping for a home. Most new homebuyers don’t regret becoming homeowners. In fact, according to a survey by LendingTree, 80% of recent buyers who successfully overcame a challenging housing market say they’re glad they found their current homes.1 But that doesn’t mean newly-minted […]

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Filed Under: Home Buyers Tagged With: Home Buyer Tips, Homeowner Tips

How to Become a Homeowner on a First-Time Buyer’s Budget

May 11, 2023 By Libby Guthrie Leave a Comment

How to Become a Homeowner on a First-Time Buyer’s Budget

It’s not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1 Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes. Even lower-priced condos are harder to snag these days, as investors and downsizers […]

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Filed Under: Home Buyers Tagged With: California Real Estate, First-Time Home Buyers, Home Buyer Tips

BREAKING NEWS: What Recent Bank Failures Mean For Mortgage Rates (and You)

March 24, 2023 By Libby Guthrie Leave a Comment

BREAKING NEWS: What Recent Bank Failures Mean For Mortgage Rates (and You)

The recent collapse of Silicon Valley and Signature banks sent shockwaves through the financial sector, causing a ripple effect through the economy. While the situation has been challenging, there’s also been a silver lining in real estate: Mortgage rates are down. Read on for a summary of the situation, as well as what it means […]

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Filed Under: Financing Tagged With: California Real Estate, Home Buyer Tips, Home Seller Tips, Homeowner Tips

5 Questions to Ask Before Purchasing Your First Home

October 17, 2022 By Libby Guthrie Leave a Comment

5 Questions to Answer Before Purchasing Your First Home

Buy Now or Rent Longer? Should you buy a home now, or should you continue to rent an apartment or house? Let’s go over some considerations before you decide. Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s […]

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Filed Under: Home Buyers Tagged With: California Real Estate, First-Time Home Buyers, Home Buyer Tips

8 Strategies to Secure a Lower Mortgage Rate

September 19, 2022 By Libby Guthrie Leave a Comment

8 Strategies to Secure a Lower Mortgage Rate

Securing a Lower Mortgage Rate can save you thousands of dollars over the life of your home loan. Here are 8 simple ways to do so. Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes […]

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Filed Under: Financing Tagged With: California Real Estate, Credit, Home Buyer Tips

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guthriegrouphomes

Libby Guthrie, Realtor
@ Keller Williams 865-966-5005
🏡 Helping You Make the Move to Knoxville
📱 Cell: 865-364-0200
🏡 Good People, Great Homes!

The Financial Conversations Families Skip ⬅️ (don' The Financial Conversations Families Skip ⬅️ (don't do that!)Here's what derails most multigenerational home purchases: families fall in love with the idea, find the perfect property, and convince themselves the financial details will sort themselves out.
They don't.
Before you start the search, get clear on:
💰 Who's on the loan and what that means — Co-borrowers combine income to qualify for more, but they also share legal responsibility for the debt and the equity. That's different from a co-signer, who carries liability but doesn't own a piece of the property.
📝 How ownership is structured — Joint tenancy vs. tenancy in common affects what happens if someone wants to sell, refinance, or passes away. Equal contributions don't always mean equal ownership makes sense.
🤝 Getting it in writing — A written agreement covering expenses, maintenance, common areas, and exit plans protects everyone and makes future conversations easier.
The families who work this out before closing have far smoother experiences than those who assume it'll work itself out.
Link in bio
Libby Guthrie, REALTOR® 🏡
Cell: 865-364-0200
Keller Williams 865-966-5005
GGHKnoxville.com
Libby@GuthrieGroupHomes.com
Knoxville, Tennesseehttps://gghknoxville.com/multigenerational-home-buying-what-families-need-to-know-before-they-start/
#RealEstateAdvice #HomeBuying #MultigenerationalHome #FinancialPlanning #SmartHomebuying
Before you spend anything getting your Knoxville T Before you spend anything getting your Knoxville Tennessee⁣
area home ready to sell, read this. ⁣
⁣
The instinct to make upgrades before listing makes sense but⁣
it might work against you. ⁣
⁣
Buyers touring your home are already picturing how they'd⁣
make it their own. ⁣
⁣
The projects you invest in may not line up with what they⁣
actually want.⁣
⁣
👉 But there's good news:⁣
The updates that move the needle most aren't the big ones. ⁣
⁣
They're the ones that make a buyer feel like the home has⁣
been well cared for (and those don't require a major budget).⁣
⁣
Before I list any home, we'll walk your space and discuss⁣
what upgrades and repairs will net you the most at closing.⁣
⁣
Have questions about selling in the Knoxville area? ⁣
⁣
If we haven't met, I'm Libby Guthrie local real estate⁣
advisor in Knoxville TN area.
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